405 W MAJESTIC OAK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $744,447 and $1,061,139, with a best estimate of $894,799. That places the property below the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$894,799
$824,053
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G720601C - WOODLAND PARK & WOODLAND PARK WEST, this home's estimated market value is between $744,447 and $1,061,139. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$205,978 for 706 sqft less living space and +$23,993 for being newer. Net adjustment: -$181,985.
Adjusted -$49,598 for 170 sqft less living space and +$23,993 for being newer and -$28,535 for no pool. Net adjustment: -$54,140.
Adjusted -$29,175 for 100 sqft less living space and +$23,993 for being newer. Net adjustment: -$5,182.
Adjusted -$330,848 for 1,134 sqft less living space and +$7,998 for being newer. Net adjustment: -$322,850.
Adjusted -$158,422 for 543 sqft less living space and -$23,993 for being older. Net adjustment: -$182,415.
The Neighborhood
This home is valued 12.0% below the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
G720601C - WOODLAND PARK & WOODLAND PARK WEST
typicalThis home is -12.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,819 across all districts. With a homestead exemption claimed, that drops to $11,196 — saving $1,623 per year. That's $933 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $8,658 |
| Williamson County | County | 0.3694% | $3,044 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $752 |
| Williamson County FM/Rd | County | 0.0443% | $365 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $12,819 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $894,799 would pay approximately $5,585 per month (principal and interest only, excluding taxes and insurance).